Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Feb 25, 2021
What Makes a Good Fintech Company?

What Makes a Good Fintech Company?

The latest edition of KPMG’s twice-yearly “Pulse of Fintech” report, released on July 31, offered a rosy outlook for the sector. According to the report, fintech companies have received $122 billion in funding over the past three years. Healthy venture capital contributions were not the only positive sign, as the report detailed a significant uptick in private equity and mergers and acquisitions deals through Q1 and Q2 2018, the level of which has already exceeded 2017’s totals.

With more consumers using smartphones for a variety of activities, and artificial intelligence (A.I.), Big Data, cloud computing, and blockchain facilitating quicker, more efficient financial transactions and systems, fintech is primed for further success – and its leaders are chiming-in with advice on how to get there.

Matt Cohen, the CEO of GRAND, believes that the simplest fintech apps stand the best chance of succeeding because they remove the intimidation factor for users. “Dealing with money is stressful for most and intimidating for many,” Cohen explained to Forbes. “Forcing simplicity in a product and stripping out extraneous bells and whistles (at least at the outset) can go a long way. When things are easy to understand they also often feel more trustworthy – very important, especially if the app is asking users for personal information or bank account information.”

Data-driven asset lending platform The Credit Junction’s CEO, Michael Finkelstein, advocates retaining a human element when it makes sense to do so, rather than defaulting towards automation. “We lend to people and not businesses,” said Finkelstein. “Once you identify a pain point [with your product], the next step is to ask yourself whether or not it should be alleviated by introducing technology. If the answer isn’t a clear ‘yes’, then there may be a reason for that.”

Acorns co-founder Walter Cruttenden believes fintech could stand to improve the user experience for its customers. “Whether it’s better investing, banking, trading, or proxy services there seems to be a lot of opportunities that can be captured with smart design, leveraging the latest technology to produce a thoughtful product,” he said. He also reminded fintech upstarts that, for all the excitement that comes with fresh ideas and approaches, traditional financial giants are not going away. “The big boys have huge tech budgets and will likely make or buy whatever they need to stay competitive,” Cruttenden explained. “Startups have a slight advantage if only because fortune favors the bold.”

It’s an exciting time for fintech innovators and customers alike. With new creative, innovative products being introduced all the time, it seems even more game-changing ideas could come at any moment. Future fintech offerings will only benefit if they keep things simple, develop quality user experiences, and remember the human part of the equation.

Tickeron’s Fintech Innovation: Combining Human and Artificial Intelligence

The founders at Tickeron understand that technology can be used to enhance human capabilities, particularly when it comes to investing. Humans simply aren’t capable of performing some of the tasks that algorithms can, such as scanning thousands of stock, ETF, cryptocurrency, and forex charts and data points every day. The A.I. can help investors make more data-driven trades.

At the same time, Tickeron realizes that technology can be intimidating for some, particularly those new to using algorithms to get trade ideas. That’s why the human element – real life advisors and financial writers – are also available to discuss investment strategies, trade ideas, and even just the daily financial news.

It’s this combination of human and artificial intelligence that makes Tickeron different from any other financial website or platform, and it is also what makes us one of the more unique fintech companies in the marketplace today. Start a free 45-day trial today on tickeron.com, and find out for yourself.

Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Mar 07, 2021
4 Tricks Hedge Funds Use to Get Ahead

4 Tricks Hedge Funds Use to Get Ahead

If the stock market were Major League Baseball, hedge funds and institutional investors would be the pros on championship teams while everyday self-directed investors (SDIs) are the benchwarmers in the minors.It’s how they get ahead, and it’s why 90% of SDIs lose money trying to play (invest and trade) in the major leagues. The 4 tricks we discuss below are rooted in one common theme: they all use Artificial Intelligence and algorithms to generate data and ideas.
John Jacques's Avatar
John Jacques
published in Blogs
Mar 22, 2018
A.I. Stock Market Predictions: Head & Shoulders

A.I. Stock Market Predictions: Head & Shoulders

Statistics for the Head-and-Shoulders Bottom Pattern The days where only hedge funds used algorithms to trade stocks are officially over. Now retail investors can use Artificial Intelligence (A.I.  Here’s an example of the algorithm in action: Late last year, Tickeron’s A.I.
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Jul 10, 2020
3 Stocks to Buy if Coronavirus Second Wave Hits

3 Stocks to Buy if Coronavirus Second Wave Hits

By analyzing market trends from the first wave, you can predict behavior for the second. Technology stocks have performed at historic levels this year, but the market is severely overbought.To compensate for that, look at performance during Q1 and Q2, the height of global Covid shutdowns.
Edward Flores's Avatar
Edward Flores
published in Blogs
Feb 06, 2021
How to Become the Millionaire Next Door

How to Become the Millionaire Next Door

The Golden Gate Bridge is always a fixture of these walks too, one of man's most beautiful creations.  As we were walking, at one point she turned to me and said, "Man, I'll never have a million dollars."" My girlfriend is 27 years old and works as a graphic designer, making about $75,000 a year.
Alla Petriaieva's Avatar
Alla Petriaieva
published in Blogs
Feb 23, 2021
Is Ethereum’s Bomb about to Explode?

Is Ethereum’s Bomb about to Explode?

Ethereum’s software is set for an update in October.Until it is finished, participants in the Ethereum blockchain must determine how to delay the difficulty bomb – code that necessitates a steadily increasing amount of computer power to mine blocks and unlock rewards – that is already in place.
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Aug 07, 2018
When Is the Next Recession Coming?

When Is the Next Recession Coming?

However, we also know that economists predicted 22 recessions out of 11 that took place since 1945. Are there real recession signs we should watch for?Indeed, the answer is yes, and here are a few very important ones: The first one is almost obvious and known to everyone – it is the Fed.
Abhoy Sarkar's Avatar
Abhoy Sarkar
published in Blogs
May 22, 2020
Central banks have been buying $2.4 billion in assets every hour for the past two months

Central banks have been buying $2.4 billion in assets every hour for the past two months

Some $17.8 billion has been poured into  bond markets over the past week, the biggest move in more than three months.Around $3.5 billion has been invested into gold, the second largest on record. 
Rick Pendergraft's Avatar
Rick Pendergraft
published in Blogs
Feb 07, 2021
Mid-January Short Interest Report Shows 8 Stocks with Good Fundamentals and High Short Interest
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Mar 10, 2021
How to Start Trading Penny Stocks

How to Start Trading Penny Stocks

Penny stocks have long been marginalized within the professional investment community, oftentimes being painted with a broad brush of simply being “too risky.” Leonardo DiCaprio’s depiction of the penny stock peddling conman, Jordan Belfort, in the Wolf of Wall Street certainly didn’t help.Here are four reasons to start trading them now. Reason #1: Let’s State the Obvious -- Penny Stocks are Cheap A single share of Apple Inc. costs over $350.
Abhoy Sarkar's Avatar
Abhoy Sarkar
published in Blogs
May 08, 2020
US unemployment rate jumps to 14.7%, the highest in series history

US unemployment rate jumps to 14.7%, the highest in series history

The U.S. economy’s employment fell by -20.5 million in April. The coronavirus crisis led to unemployment rate soaring to 14.7% in the U.S, the highest rate in the Bureau of Labor Statistics-tracked series history that goes back to 1948. However, the figures were better compared to several economists'/analysts' forecasts of 22 million job losses and 16% unemployment rate.  Another unemployment measure that includes those who have stopped looking for work as well as those holding part-time jobs for economic reasons also touched an all-time high of 22.8%.